Editor's Note:Professor Salvemini, professor of economics at the University of Bari and advisor to the Italian Minister of the Treasury, attended the Olivetti Conference on Budgetary problems in the fall of 1981. Papers from the conference were published in the Autumn 1982 issue of this journal. After reviewing both the conference proceedings and the papers published inPublic Budgeting&Finance, Professor Salvemini has provided some further reflections and thoughts on the ideas presented at that conference.